Thursday, March 13, 2008

Udmurt LVZ received co-owners

Udmurt LVZ received co-owners

Yesterday held auctions for selling state-owned parcels and Glazovskogo Sarapulskogo LVZ Udmurtia. Shares distributed among two applicants for these assets - Capital Ltd. "Spotlight" and Alco glazovskogo Ltd. "Sapphire". As a result, the Company "Exclusive" Alco received for 17.8% of the shares of each regional LVZ.

As planned, the Ministry of Udmurtia put on the auction of 25% plus one share of the authorized capital of OAO "Liquor Factory" Glazovsky "(GLVZ) and the same share in OAO" Sarapulsky liquor factory "(SLVZ). The starting price package was 148.8 million rubles.

Alco Ltd. "Exclusive" engaged in the production of glass, gave received 17.8% of the shares of each LVZ 106.3 million rubles. At 7.1% of the shares bought glazovsky Ltd. "Sapphire". According to Kommersant, in Perm, in 2005, the SIA "Sapphire" product sells liquor factory.

Recall that in November last year the government decided to establish a republic OAO "Udmurtspirtprom". While in the authorized capital "Udmurtspirtproma" appear shares in OAO "Liquor Factory" Glazovsky "" (GLVZ). Partner officials on the project were made by Alco "Exclusive". "In Udmurtspirtprome" Government received 49% of the shares, "Exclusive" Alco - 34.55%. In addition, the production chain formed holding company may be incorporated regional glass - OAO "Torch" and OAO "Light".

It is believed in the Ministry of the republic, becoming a co-owner of regional liquor business, "Exclusive" Alco now will be even more interested in the development of "republican" and Udmurtspirtproma LVZ.

According to experts, currently on the market Udmurt alcohol, a special situation. "The market Udmurtia, on the one hand, virtually closed to players from other regions, on the other hand, the administration needed a strategic investor for further development, which would be agreed at maintaining control by the bureaucrats," - says "IC Finam analyst Sergei Filchenkov". Moreover, according to Sergei Filchenkov, power, "attracting Exclusive Alco" and "creating" Udmurtspirtprom solve several problems - protecting the market from the arrival of federal alcohol producers, as well as retain the revenue excise revenue in the budget of the republic, but it forced officials give businesses control over part of the investor.

Senior analyst for the consumer sector, "SG AntantaPioglobal" Andrei Verholantsev believes that the trends emerging in the alcohol market Udmurtia, talk about it further globalization.

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